ARS Wealth Advisors Group LLC Trims Stock Position in iShares MSCI USA Quality Factor ETF $QUAL

ARS Wealth Advisors Group LLC cut its holdings in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 2.3% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 160,623 shares of the company’s stock after selling 3,710 shares during the quarter. iShares MSCI USA Quality Factor ETF makes up approximately 2.9% of ARS Wealth Advisors Group LLC’s portfolio, making the stock its 11th largest holding. ARS Wealth Advisors Group LLC owned 0.06% of iShares MSCI USA Quality Factor ETF worth $31,903,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of QUAL. Cerity Partners LLC grew its position in shares of iShares MSCI USA Quality Factor ETF by 39.6% in the second quarter. Cerity Partners LLC now owns 3,755,880 shares of the company’s stock valued at $686,910,000 after purchasing an additional 1,065,946 shares during the period. MML Investors Services LLC increased its stake in iShares MSCI USA Quality Factor ETF by 1.3% in the second quarter. MML Investors Services LLC now owns 3,454,291 shares of the company’s stock valued at $631,514,000 after purchasing an additional 44,285 shares during the last quarter. Orgel Wealth Management LLC lifted its position in iShares MSCI USA Quality Factor ETF by 1.5% during the fourth quarter. Orgel Wealth Management LLC now owns 3,050,553 shares of the company’s stock worth $605,901,000 after buying an additional 44,952 shares during the period. Blue Trust Inc. lifted its position in iShares MSCI USA Quality Factor ETF by 2.9% during the third quarter. Blue Trust Inc. now owns 2,737,919 shares of the company’s stock worth $532,525,000 after buying an additional 76,969 shares during the period. Finally, Facet Wealth Inc. boosted its stake in iShares MSCI USA Quality Factor ETF by 5.0% in the 3rd quarter. Facet Wealth Inc. now owns 2,628,686 shares of the company’s stock worth $511,279,000 after buying an additional 125,483 shares during the last quarter.

iShares MSCI USA Quality Factor ETF Price Performance

QUAL opened at $193.30 on Wednesday. The stock has a market capitalization of $56.05 billion, a price-to-earnings ratio of 25.59 and a beta of 1.05. The business has a 50-day moving average of $201.25 and a two-hundred day moving average of $197.99. iShares MSCI USA Quality Factor ETF has a 12 month low of $148.34 and a 12 month high of $205.65.

iShares MSCI USA Quality Factor ETF Profile

The iShares MSCI USA Quality Factor ETF (QUAL) is an exchange-traded fund that is based on the MSCI USA Sector Neutral Quality index. The fund tracks an index of US large- and mid-cap stocks, selected and weighted by high ROE, stable earnings growth and low debt\u002Fequity, relative to peers in each sector. QUAL was launched on Jul 18, 2013 and is managed by BlackRock.